Abu Dhabi National Oil Company said its key unit XRG and top Italian petroleum company Eni have signed separate agreements with Argentina's state-controlled energy company YPF to acquire 32% stakes each in three upstream gas blocks in the Vaca Muerta shale formation.
Honeywell Technologies has completed the previously announced spin-off of its Aerospace Technologies business, which now operates as Honeywell Aerospace.
Adnoc Logistics & Services (Adnoc L&S) raised its full-year 2026 financial guidance following stronger second-quarter performance, driven by its Shipping segment and improved Integrated Logistics Services Platform (ILSP) material handling volumes.
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, and Emirates Global Aluminium (EGA), the largest premium aluminium producer in the world, have signed an agreement to enhance EGA’s dedicated berth at Khalifa Port.
Schneider Electric, a global energy technology leader, has been named the “World’s Most Sustainable Company 2026” by TIME Magazine and Statista for the third consecutive year.
EMSTEEL Group, one of the region’s largest steel and building materials manufacturers, has signed a collaboration agreement with the Technology Innovation Institute (TII) of Abu Dhabi to advance high-strength reinforcement solutions designed to enhance the protection and resilience of the UAE’s critical infrastructure.
India-based Likhitha Infrastructure has announced that it has won a major international contract from China Petroleum Engineering and Construction Corporation for the execution of Pipeline Package-1 (ASAB) in Abu Dhabi. The entire work will be completed within a period of 21 months.
Saudi-based SAL Logistics Services, a leader in cargo handling, logistics solutions, and supply chain management, has signed an agreement with Singapore Airlines to provide integrated solutions covering ground handling and air cargo services at King Khalid International Airport in Riyadh.
Valvoline, a global leader in automotive and industrial solutions, has announced the launch of its commercial business operations for the newly-formed Valvoline Arabia Lubricants Company (ValCo). Headquartered in Jeddah, ValCo's offices will serve as Valvoline's regional headquarters in Saudi Arabia.
The US government has awarded Lockheed Martin a seven-year undefinitised contract action (UCA) for up to $35 billion to quadruple production of Terminal High Altitude Area Defense (THAAD) interceptors.
